Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
Term Recession
by Indian Guru on Apr 30, 2009 04:12 PM

Recession is coined by business man and white collar conman to con peoples money officially.. Look who's the winner..

1. Companies keep laying off people Inspite of acrruing good profits..
2. Banks have the best oppurtunity to swish of government funds and peoples fund..
3. Poor chaps loose the house as well as months of hard earned money towards installments. Only the interest part of the loan is filled but never the prinicipal.
4. Companies speak about the expectation that there will be loss.. but never speak of the past 10years of bumper profits..
5. There is suddenly a nexus between builders and bankers.. Both end up in the profit and ultimate looser a comman man and ofcourse the poor educated software developer.
6. When no recession, banks and businesses play on people to purchase heaven, and when recession they curse the very people.
7. Poor software developer puts up over time when no recession and is given the boot during recession.
8. Poor software developer dosen't know that he has been used to the core and till the last drop of sweat and is given a pittiance of money and the managers and owners cornering the lions share.
9. Poor educated software developer always felt right is right and wrong is right. With the burden of work tossed on, he/she had lost the ability to think forward..

    Forward  |  Report abuse
The above message is part of the Discussion Board:
http://specials.rediff.com/getahead/2009/apr/28layofftales.htm